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Side-by-side financial comparison of Currenc Group Inc. (CURR) and SOLAI Ltd (SLAI). Click either name above to swap in a different company.
SOLAI Ltd is the larger business by last-quarter revenue ($11.0M vs $10.1M, roughly 1.1× Currenc Group Inc.). Currenc Group Inc. runs the higher net margin — -46.5% vs -126.2%, a 79.7% gap on every dollar of revenue. On growth, Currenc Group Inc. posted the faster year-over-year revenue change (-23.3% vs -43.1%). Currenc Group Inc. produced more free cash flow last quarter ($-1.7M vs $-17.0M).
CURR vs SLAI — Head-to-Head
Income Statement — Q1 FY2025 vs Q2 FY2025
| Metric | ||
|---|---|---|
| Revenue | $10.1M | $11.0M |
| Net Profit | $-4.7M | $-13.9M |
| Gross Margin | 31.8% | 0.1% |
| Operating Margin | -43.0% | -126.2% |
| Net Margin | -46.5% | -126.2% |
| Revenue YoY | -23.3% | -43.1% |
| Net Profit YoY | -54.0% | -173.4% |
| EPS (diluted) | $-0.13 | $-0.01 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q2 25 | — | $11.0M | ||
| Q1 25 | $10.1M | — | ||
| Q3 24 | $11.3M | — | ||
| Q2 24 | — | $19.4M | ||
| Q1 24 | $13.1M | — | ||
| Q3 23 | $12.7M | — |
| Q2 25 | — | $-13.9M | ||
| Q1 25 | $-4.7M | — | ||
| Q3 24 | $-5.0M | — | ||
| Q2 24 | — | $18.9M | ||
| Q1 24 | $-3.0M | — | ||
| Q3 23 | $-3.8M | — |
| Q2 25 | — | 0.1% | ||
| Q1 25 | 31.8% | — | ||
| Q3 24 | 27.8% | — | ||
| Q2 24 | — | 52.4% | ||
| Q1 24 | 33.6% | — | ||
| Q3 23 | 32.5% | — |
| Q2 25 | — | -126.2% | ||
| Q1 25 | -43.0% | — | ||
| Q3 24 | -141.5% | — | ||
| Q2 24 | — | -2.6% | ||
| Q1 24 | -10.8% | — | ||
| Q3 23 | -18.2% | — |
| Q2 25 | — | -126.2% | ||
| Q1 25 | -46.5% | — | ||
| Q3 24 | -44.1% | — | ||
| Q2 24 | — | 97.9% | ||
| Q1 24 | -23.2% | — | ||
| Q3 23 | -30.1% | — |
| Q2 25 | — | $-0.01 | ||
| Q1 25 | $-0.13 | — | ||
| Q3 24 | $-0.13 | — | ||
| Q2 24 | — | $0.02 | ||
| Q1 24 | $-0.09 | — | ||
| Q3 23 | $-0.11 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $62.3M | $1.2M |
| Total DebtLower is stronger | $3.7M | — |
| Stockholders' EquityBook value | $-68.4M | $43.8M |
| Total Assets | $110.8M | $69.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 25 | — | $1.2M | ||
| Q1 25 | $62.3M | — | ||
| Q3 24 | $49.1M | — | ||
| Q2 24 | — | $2.3M | ||
| Q1 24 | — | — | ||
| Q3 23 | — | — |
| Q2 25 | — | — | ||
| Q1 25 | $3.7M | — | ||
| Q3 24 | $20.1M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q3 23 | — | — |
| Q2 25 | — | $43.8M | ||
| Q1 25 | $-68.4M | — | ||
| Q3 24 | $-47.0M | — | ||
| Q2 24 | — | $45.9M | ||
| Q1 24 | $-10.9M | — | ||
| Q3 23 | $-10.2M | — |
| Q2 25 | — | $69.1M | ||
| Q1 25 | $110.8M | — | ||
| Q3 24 | $115.0M | — | ||
| Q2 24 | — | $63.3M | ||
| Q1 24 | $54.5M | — | ||
| Q3 23 | $82.0M | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-1.5M | $-17.0M |
| Free Cash FlowOCF − Capex | $-1.7M | $-17.0M |
| FCF MarginFCF / Revenue | -16.5% | -154.2% |
| Capex IntensityCapex / Revenue | 1.7% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 25 | — | $-17.0M | ||
| Q1 25 | $-1.5M | — | ||
| Q3 24 | $-11.3M | — | ||
| Q2 24 | — | $-12.1M | ||
| Q1 24 | $-221.0K | — | ||
| Q3 23 | $-10.5M | — |
| Q2 25 | — | $-17.0M | ||
| Q1 25 | $-1.7M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $-233.0K | — | ||
| Q3 23 | — | — |
| Q2 25 | — | -154.2% | ||
| Q1 25 | -16.5% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -1.8% | — | ||
| Q3 23 | — | — |
| Q2 25 | — | 0.0% | ||
| Q1 25 | 1.7% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.1% | — | ||
| Q3 23 | — | — |
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -0.64× | ||
| Q1 24 | — | — | ||
| Q3 23 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CURR
| Sales Of Airtime | $5.5M | 54% |
| Fiat Remittance Service | $4.4M | 44% |
SLAI
| Data center | $6.5M | 59% |
| Cryptocurrency mining | $4.6M | 41% |